Both Argentina and Mexico scored 3.0 out of 10.0 on the Corruption Perception Index for 2011. Does this mean each country presents the same corruption risk? To dig behind the CPI, Miller & Chevalier and Matteson Ellis Law joined 12 Latin American law firms in a comprehensive survey of 439 executives spanning 14 countries in the Americas. Among many other things, we looked at the specific nature of corruption within each country.

In this article, co-author James Tillen took a closer look at the 2012 Latin America Corruption Survey, and provides commentary on the results.